Baltimore City Council
File #: 11-0247R    Version: 0 Name: Informational Hearing - Real Property Account - Disposition of City Owned Property
Type: City Council Resolution Status: Failed - End of Term
File created: 1/31/2011 In control: City Council
On agenda: Final action:
Enactment #:
Title: Informational Hearing - Real Property Account - Disposition of City Owned Property FOR the purpose of requesting the Comptroller and the Director of Finance to report to the City Council on the status of the Real Property Account; the amount of money deposited in the account in the last two fiscal years; the amount of money appropriated from the account in the same time period, and the extent to which the account is self-sustaining or requires contributions from the General Fund or other revenue sources; and requesting the City Solicitor to define possible exceptions to the provisions of Article 5, Section 6 of the Baltimore City Charter.
Sponsors: Robert Curran, Bill Henry, Carl Stokes, James B. Kraft, William H. Cole, IV, Helen L. Holton, Sharon Green Middleton, Rochelle Spector, Belinda Conaway, William "Pete" Welch, Warren Branch, Mary Pat Clarke, Edward Reisinger, President Young
Indexes: Disposition, Real Property, Resolution
Attachments: 1. 11-0247R - 1st Reader.pdf, 2. Law - 11-0247R.pdf
* WARNING: THIS IS AN UNOFFICIAL, INTRODUCTORY COPY OF THE BILL.
THE OFFICIAL COPY CONSIDERED BY THE CITY COUNCIL IS THE FIRST READER COPY.
INTRODUCTORY*

CITY OF BALTIMORE
COUNCIL BILL R
(Resolution)

Introduced by: Councilmember Curran


A RESOLUTION ENTITLED

A COUNCIL RESOLUTION concerning
title
Informational Hearing - Real Property Account - Disposition of City Owned Property

FOR the purpose of requesting the Comptroller and the Director of Finance to report to the City Council on the status of the Real Property Account; the amount of money deposited in the account in the last two fiscal years; the amount of money appropriated from the account in the same time period, and the extent to which the account is self-sustaining or requires contributions from the General Fund or other revenue sources; and requesting the City Solicitor to define possible exceptions to the provisions of Article 5, Section 6 of the Baltimore City Charter.
body
Recitals

The Baltimore City Charter directs the Comptroller to credit to the Mayor and City Council Real Property Account the proceeds from the sale by the City of any real or leasehold property or interest in such property. Proceeds from the sales are to be used only for the purchase of land, the purchase or construction of buildings, other construction work and projects, and to carry out the industrial and economic development powers of the Mayor and City Council.

The express intent of the provisions of the Article are to limit the use of such moneys for the purposes specifically mentioned and to prohibit their use for the general operating expenses of the ...

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